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	<title>Comments on: Reader Mailbag #61</title>
	<atom:link href="http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/</link>
	<description>Simple, applicable personal finance advice for the modern world</description>
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		<title>By: Sharon</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-2/#comment-654697</link>
		<dc:creator>Sharon</dc:creator>
		<pubDate>Thu, 07 May 2009 01:35:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-654697</guid>
		<description>Marie, obesity is not a covered disability under the ADA, unfortunately. There are some states, such as California, where it may be covered under state disability laws. It is not illegal to say such things, but it is stupid. There is a common notion that obesity results simply from overeating, which is clearly not the case. 

If the obesity is caused by a demonstrable medical condition, it is covered under the ADA. For example, someone who is obese because she is on corticosteroids to treat lupus would be covered. This is why it is exceedingly stupid to say such a thing, not to mention putting it out on the internet. This individual could easily find him/herself in really deep doodoo someday with no defense. This includes being named specifically in the lawsuit, and the company will most likely  not provide any legal help since this is not part of the job, assuming that it is not an official company blog. If it is, oh, boy!

They could also put their employer in very deep legal trouble. Do you know for whom this blogger works? If you were to forward the post to the HR department this blogger might next be blogging on job hunting after being fired for disability discrimination. And if the blog is an official part of the company, forwarding it to the EEOC would be a good idea.</description>
		<content:encoded><![CDATA[<p>Marie, obesity is not a covered disability under the ADA, unfortunately. There are some states, such as California, where it may be covered under state disability laws. It is not illegal to say such things, but it is stupid. There is a common notion that obesity results simply from overeating, which is clearly not the case. </p>
<p>If the obesity is caused by a demonstrable medical condition, it is covered under the ADA. For example, someone who is obese because she is on corticosteroids to treat lupus would be covered. This is why it is exceedingly stupid to say such a thing, not to mention putting it out on the internet. This individual could easily find him/herself in really deep doodoo someday with no defense. This includes being named specifically in the lawsuit, and the company will most likely  not provide any legal help since this is not part of the job, assuming that it is not an official company blog. If it is, oh, boy!</p>
<p>They could also put their employer in very deep legal trouble. Do you know for whom this blogger works? If you were to forward the post to the HR department this blogger might next be blogging on job hunting after being fired for disability discrimination. And if the blog is an official part of the company, forwarding it to the EEOC would be a good idea.</p>
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		<title>By: marie</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-2/#comment-654631</link>
		<dc:creator>marie</dc:creator>
		<pubDate>Thu, 07 May 2009 00:52:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-654631</guid>
		<description>I have a question for other mailbags.

On another blog (which I will not name since they do not deserve to get traffic for this type of content), a writer talked about obese people in the workforce, and how they would not work with them/hire them. They went on to make some claim that overweight people were less effective than normal-weight people. From a legal standpoint, isn&#039;t it illegal to say something like that? Can an employer not hire you even though you are qualified for the job simply for weighing more than they judge normal? Also, what is your opinion on that?</description>
		<content:encoded><![CDATA[<p>I have a question for other mailbags.</p>
<p>On another blog (which I will not name since they do not deserve to get traffic for this type of content), a writer talked about obese people in the workforce, and how they would not work with them/hire them. They went on to make some claim that overweight people were less effective than normal-weight people. From a legal standpoint, isn&#8217;t it illegal to say something like that? Can an employer not hire you even though you are qualified for the job simply for weighing more than they judge normal? Also, what is your opinion on that?</p>
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		<title>By: Mae S.</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-2/#comment-654006</link>
		<dc:creator>Mae S.</dc:creator>
		<pubDate>Wed, 06 May 2009 15:04:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-654006</guid>
		<description>A new question:
I am going on a weekend camping trip in a couple of weeks and was debating on renting a car for the weekend vs. using my own. 

The trip will be four days of which I plan to put about 1,000 miles on the odometer. I have a 2001 Honda accord with 81,000 miles on it already and was thinking that I could save in the long term if I rent a car with unlimited miles. 

What would be your advice on this issue?</description>
		<content:encoded><![CDATA[<p>A new question:<br />
I am going on a weekend camping trip in a couple of weeks and was debating on renting a car for the weekend vs. using my own. </p>
<p>The trip will be four days of which I plan to put about 1,000 miles on the odometer. I have a 2001 Honda accord with 81,000 miles on it already and was thinking that I could save in the long term if I rent a car with unlimited miles. </p>
<p>What would be your advice on this issue?</p>
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		<title>By: Kat</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-2/#comment-653963</link>
		<dc:creator>Kat</dc:creator>
		<pubDate>Wed, 06 May 2009 14:09:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-653963</guid>
		<description>So I used the intelliquote to look at prices for life insurance.
I am in my twenties, married, no kids, in general good health- but I am wondering if I should wait for life insurance- because I would likely qualify for significantly lower rates if I wait just one more year to sign up.
I joined Weight Watchers almost a year ago and have lost over 50 pounds, but I&#039;m sure I need to lose a lot more to qualify for a much better rate. Also, the best option for a former smoker is 5+ years since quitting, and it&#039;s been a little over 4 years since I quit. My question is: Are life insurance policies changeable every year like car insurance, or is this something were I should just wait a year? I&#039;ve never had life insurance before so I&#039;m sort of confused.</description>
		<content:encoded><![CDATA[<p>So I used the intelliquote to look at prices for life insurance.<br />
I am in my twenties, married, no kids, in general good health- but I am wondering if I should wait for life insurance- because I would likely qualify for significantly lower rates if I wait just one more year to sign up.<br />
I joined Weight Watchers almost a year ago and have lost over 50 pounds, but I&#8217;m sure I need to lose a lot more to qualify for a much better rate. Also, the best option for a former smoker is 5+ years since quitting, and it&#8217;s been a little over 4 years since I quit. My question is: Are life insurance policies changeable every year like car insurance, or is this something were I should just wait a year? I&#8217;ve never had life insurance before so I&#8217;m sort of confused.</p>
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		<title>By: Sharon</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-2/#comment-653564</link>
		<dc:creator>Sharon</dc:creator>
		<pubDate>Wed, 06 May 2009 06:08:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-653564</guid>
		<description>Besides life insurance, and if you are in your early 20s a whole life policy may well be the way to go, you NEED disability insurance. Everyone does. Invest some of that $10,000 in a good policy that you can raise the coverage levels as needed. (NOT from Unum/Provident). 

I agree that just because you are young and single it doesn&#039;t mean you don&#039;t need life insurance. Besides the viatical benefit, you may well want to support someone later in life. If  not a spouse and/or children, perhaps a disabled sibling or parent or grandchild. The advantage to whole life insurance is that your premiums are level and you can raise coverage as time goes by even if in the interval you have become uninsurable. And for heavens sake, get the disability rider that has the premiums paid if you become disabled. It doesn&#039;t cost much and can save a lot, particularly if you do become disabled and unable to afford the premiums. 

Back in the good old days, you could even reach a point after some 20 years where you don&#039;t need to make any more payments.</description>
		<content:encoded><![CDATA[<p>Besides life insurance, and if you are in your early 20s a whole life policy may well be the way to go, you NEED disability insurance. Everyone does. Invest some of that $10,000 in a good policy that you can raise the coverage levels as needed. (NOT from Unum/Provident). </p>
<p>I agree that just because you are young and single it doesn&#8217;t mean you don&#8217;t need life insurance. Besides the viatical benefit, you may well want to support someone later in life. If  not a spouse and/or children, perhaps a disabled sibling or parent or grandchild. The advantage to whole life insurance is that your premiums are level and you can raise coverage as time goes by even if in the interval you have become uninsurable. And for heavens sake, get the disability rider that has the premiums paid if you become disabled. It doesn&#8217;t cost much and can save a lot, particularly if you do become disabled and unable to afford the premiums. </p>
<p>Back in the good old days, you could even reach a point after some 20 years where you don&#8217;t need to make any more payments.</p>
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		<title>By: Andy Sampson</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-2/#comment-652975</link>
		<dc:creator>Andy Sampson</dc:creator>
		<pubDate>Tue, 05 May 2009 21:50:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-652975</guid>
		<description>&quot;I have thought about posting them somewhere anonymously in a blog-like format, simply to make searching them a bit easier. The problem with this is I would have to change some names and other elements, and it always felt like more work than it would be worth.&quot;

Kate Petersen presents a very valid option. If you don&#039;t want it on your host, you could install WordPress on a home computer. If you use the 15&quot; Dell regularly enough, it would only take a few minutes to get WordPress installed.

Backing up could then be as simple as setting up automated back-ups(either backing up your database or WordPress Export files).

And another option, requiring even less effort, would be to use TiddlyWiki [http://tiddlywiki.com/]. A single file, self-containted, taggabble, searchable, extendable wiki. Backing up is easy, since we&#039;re talking about a single, normal file.</description>
		<content:encoded><![CDATA[<p>&#8220;I have thought about posting them somewhere anonymously in a blog-like format, simply to make searching them a bit easier. The problem with this is I would have to change some names and other elements, and it always felt like more work than it would be worth.&#8221;</p>
<p>Kate Petersen presents a very valid option. If you don&#8217;t want it on your host, you could install WordPress on a home computer. If you use the 15&#8243; Dell regularly enough, it would only take a few minutes to get WordPress installed.</p>
<p>Backing up could then be as simple as setting up automated back-ups(either backing up your database or WordPress Export files).</p>
<p>And another option, requiring even less effort, would be to use TiddlyWiki [http://tiddlywiki.com/]. A single file, self-containted, taggabble, searchable, extendable wiki. Backing up is easy, since we&#8217;re talking about a single, normal file.</p>
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		<title>By: Wren</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-2/#comment-652930</link>
		<dc:creator>Wren</dc:creator>
		<pubDate>Tue, 05 May 2009 20:45:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-652930</guid>
		<description>I don&#039;t think he&#039;s all that embarrassed by it, Michael. It&#039;s what he does, as he stated. Still, there is a line between criticism and excess whinging, that is best avoided if at all possible. Commenting on one part of one line of a post, while deliberately ignoring the rest as it suits one&#039;s view... excess whinging. Commenting that perhaps a whole other aspect of a particular subject hasn&#039;t been touched on, and is possibly forgotten in the fray, constructive criticism. Recognizing that the writer will have his/her own view that will not cover all aspects of a subject... perhaps the first step towards learning.

Again, this is how I look at the world. YMMV :D Snark on, my brother, snark on...</description>
		<content:encoded><![CDATA[<p>I don&#8217;t think he&#8217;s all that embarrassed by it, Michael. It&#8217;s what he does, as he stated. Still, there is a line between criticism and excess whinging, that is best avoided if at all possible. Commenting on one part of one line of a post, while deliberately ignoring the rest as it suits one&#8217;s view&#8230; excess whinging. Commenting that perhaps a whole other aspect of a particular subject hasn&#8217;t been touched on, and is possibly forgotten in the fray, constructive criticism. Recognizing that the writer will have his/her own view that will not cover all aspects of a subject&#8230; perhaps the first step towards learning.</p>
<p>Again, this is how I look at the world. YMMV :D Snark on, my brother, snark on&#8230;</p>
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		<title>By: Heidi Bethke</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-2/#comment-652862</link>
		<dc:creator>Heidi Bethke</dc:creator>
		<pubDate>Tue, 05 May 2009 19:00:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-652862</guid>
		<description>Hi Trent-
I get the Simple Dollar delivered to my inbox daily and have thought about commenting back for quite a while.  While I love reading your posts, they&#039;re LONG.  I notice that you frequently will expand upon (2) topics daily.  Might I suggest minimizing it to a single topic, hopefully keeping it to a 5-10 minute read.  You&#039;ll also have material to last twice as long! :)</description>
		<content:encoded><![CDATA[<p>Hi Trent-<br />
I get the Simple Dollar delivered to my inbox daily and have thought about commenting back for quite a while.  While I love reading your posts, they&#8217;re LONG.  I notice that you frequently will expand upon (2) topics daily.  Might I suggest minimizing it to a single topic, hopefully keeping it to a 5-10 minute read.  You&#8217;ll also have material to last twice as long! :)</p>
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		<title>By: Michael</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-2/#comment-652813</link>
		<dc:creator>Michael</dc:creator>
		<pubDate>Tue, 05 May 2009 17:35:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-652813</guid>
		<description>Trent, that comment is what I&#039;m talking about - anyone who says they disagree with you has been successfully tricked into getting involved!  So if everyone agrees, you were right, and if anyone disagrees, you were deliberately withholding that perspective to get people talking.  That is too convenient.

I know the difference between choosing an angle, only seeing one angle and being flat-out wrong.  I&#039;ve seen all three many times here and I&#039;ve done all three in my own endeavors so I don&#039;t know why anyone should be so embarrassed about it.</description>
		<content:encoded><![CDATA[<p>Trent, that comment is what I&#8217;m talking about &#8211; anyone who says they disagree with you has been successfully tricked into getting involved!  So if everyone agrees, you were right, and if anyone disagrees, you were deliberately withholding that perspective to get people talking.  That is too convenient.</p>
<p>I know the difference between choosing an angle, only seeing one angle and being flat-out wrong.  I&#8217;ve seen all three many times here and I&#8217;ve done all three in my own endeavors so I don&#8217;t know why anyone should be so embarrassed about it.</p>
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		<title>By: SteveJ</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-2/#comment-652731</link>
		<dc:creator>SteveJ</dc:creator>
		<pubDate>Tue, 05 May 2009 15:34:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-652731</guid>
		<description>@Reflection,

Do you need a house for the space?  I was in a similar real estate situation and needed four bedrooms and a yard.  The rent was staggering, $1400/month and the maintenance was lackadaisical at best.   I&#039;d say if you don&#039;t need a house, you don&#039;t need one.  If you do need one then you just have to look at your situation, in my case a mortgage + taxes was $200 less than rent.  Even with maintenance I&#039;m way ahead.  If I could rent a sizable house for less than my mortgage I definitely would have gone that route, but most folks are looking to cover their mortgage, maintenance, and often even a property manager, so they charge a bit more.

Are you planning on staying in one place?  If not, then a mortgage is probably not for you, either.

I think the tax benefits are a joke. It&#039;s a nice rationalization for folks, but it doesn&#039;t come close to balancing the staggering amount of debt you take on.  Wow I paid out thousands of dollars in interest and you&#039;ll let me have my tax rate&#039;s worth back?  Here&#039;s the deal:  If you give me $100 (interest), and my buddy here $100 (taxes), then my buddy will give you $25 back while slipping me a few bucks.  Good deal for you, right?</description>
		<content:encoded><![CDATA[<p>@Reflection,</p>
<p>Do you need a house for the space?  I was in a similar real estate situation and needed four bedrooms and a yard.  The rent was staggering, $1400/month and the maintenance was lackadaisical at best.   I&#8217;d say if you don&#8217;t need a house, you don&#8217;t need one.  If you do need one then you just have to look at your situation, in my case a mortgage + taxes was $200 less than rent.  Even with maintenance I&#8217;m way ahead.  If I could rent a sizable house for less than my mortgage I definitely would have gone that route, but most folks are looking to cover their mortgage, maintenance, and often even a property manager, so they charge a bit more.</p>
<p>Are you planning on staying in one place?  If not, then a mortgage is probably not for you, either.</p>
<p>I think the tax benefits are a joke. It&#8217;s a nice rationalization for folks, but it doesn&#8217;t come close to balancing the staggering amount of debt you take on.  Wow I paid out thousands of dollars in interest and you&#8217;ll let me have my tax rate&#8217;s worth back?  Here&#8217;s the deal:  If you give me $100 (interest), and my buddy here $100 (taxes), then my buddy will give you $25 back while slipping me a few bucks.  Good deal for you, right?</p>
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		<title>By: George</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-2/#comment-652727</link>
		<dc:creator>George</dc:creator>
		<pubDate>Tue, 05 May 2009 15:27:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-652727</guid>
		<description>@Reflection - 
Use a mortgage calculator like the one on Yahoo:

With today&#039;s low rates and 20% down, a 30-yr mortgage means you&#039;ll pay $256,000 in interest for a $280,000 loan on a $350,000 home.

A 15-yr mortgage for the same home means you&#039;ll only pay $110,000 interest.

The interest expense numbers are a LOT lower than you&#039;re thinking.  Plus, when the home is paid off, you only need to worry about insurance and taxes whereas rent is forever... that&#039;s when the real savings come in.</description>
		<content:encoded><![CDATA[<p>@Reflection &#8211;<br />
Use a mortgage calculator like the one on Yahoo:</p>
<p>With today&#8217;s low rates and 20% down, a 30-yr mortgage means you&#8217;ll pay $256,000 in interest for a $280,000 loan on a $350,000 home.</p>
<p>A 15-yr mortgage for the same home means you&#8217;ll only pay $110,000 interest.</p>
<p>The interest expense numbers are a LOT lower than you&#8217;re thinking.  Plus, when the home is paid off, you only need to worry about insurance and taxes whereas rent is forever&#8230; that&#8217;s when the real savings come in.</p>
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		<title>By: Trent</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-1/#comment-652634</link>
		<dc:creator>Trent</dc:creator>
		<pubDate>Tue, 05 May 2009 12:56:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-652634</guid>
		<description>&quot;I see the quotes around error referring specifically to the perceived error that Trent is not providing or describing every possible point of view. I do not read it as him being patronizing regarding general disagreements- he’s talking about one specific aspect of his blog that generates negative feedback.&quot;

That&#039;s pretty much exactly what I&#039;m saying.  As I said above, I intentionally do this.  I write about the specific angles on issues that interest me.  I know quite well that posters like Jimbo and Michael will be all too happy to jump in, point out my massive flaws, and tell people how worthless my advice is.  I don&#039;t mind in the least - it gets them involved and engaged in the conversation.</description>
		<content:encoded><![CDATA[<p>&#8220;I see the quotes around error referring specifically to the perceived error that Trent is not providing or describing every possible point of view. I do not read it as him being patronizing regarding general disagreements- he’s talking about one specific aspect of his blog that generates negative feedback.&#8221;</p>
<p>That&#8217;s pretty much exactly what I&#8217;m saying.  As I said above, I intentionally do this.  I write about the specific angles on issues that interest me.  I know quite well that posters like Jimbo and Michael will be all too happy to jump in, point out my massive flaws, and tell people how worthless my advice is.  I don&#8217;t mind in the least &#8211; it gets them involved and engaged in the conversation.</p>
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		<title>By: Bill</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-1/#comment-651879</link>
		<dc:creator>Bill</dc:creator>
		<pubDate>Tue, 05 May 2009 01:34:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-651879</guid>
		<description>Back away from the soapbox.


There are single people who have dependents. There are even single people who have kids. Maybe there aren’t people like that in Iowa, but in the rest of the world, there certainly are.
Johanna @ 8:08 am May 4th, 2009 (comment #1)</description>
		<content:encoded><![CDATA[<p>Back away from the soapbox.</p>
<p>There are single people who have dependents. There are even single people who have kids. Maybe there aren’t people like that in Iowa, but in the rest of the world, there certainly are.<br />
Johanna @ 8:08 am May 4th, 2009 (comment #1)</p>
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		<title>By: Lisa</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-1/#comment-651757</link>
		<dc:creator>Lisa</dc:creator>
		<pubDate>Tue, 05 May 2009 00:40:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-651757</guid>
		<description>I have a question:  Is it really cheaper to sew your own clothes, or your children&#039;s clothes, rather than buying them?</description>
		<content:encoded><![CDATA[<p>I have a question:  Is it really cheaper to sew your own clothes, or your children&#8217;s clothes, rather than buying them?</p>
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		<title>By: Reflection</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-1/#comment-651727</link>
		<dc:creator>Reflection</dc:creator>
		<pubDate>Tue, 05 May 2009 00:08:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-651727</guid>
		<description>Hi Trent,

I have a new question for you.

How does one justify the cost of a house, insurance, property taxes, and maintenance these days?  I understand that equity is built but it seems (without running though the numbers) that you&#039;re really paying for a house 3 times over once all the interest is factored in.  Add all the previously mentioned expenses and it seems like renting comes out ahead.  I know you wrote on the subject but I&#039;d love to see some realistic numbers run on the subject.  (FYI I live in a fairly expensive location where houses are no less than $350k and taxes are typically $12k a year)
Thanks!</description>
		<content:encoded><![CDATA[<p>Hi Trent,</p>
<p>I have a new question for you.</p>
<p>How does one justify the cost of a house, insurance, property taxes, and maintenance these days?  I understand that equity is built but it seems (without running though the numbers) that you&#8217;re really paying for a house 3 times over once all the interest is factored in.  Add all the previously mentioned expenses and it seems like renting comes out ahead.  I know you wrote on the subject but I&#8217;d love to see some realistic numbers run on the subject.  (FYI I live in a fairly expensive location where houses are no less than $350k and taxes are typically $12k a year)<br />
Thanks!</p>
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		<title>By: KC</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-1/#comment-651714</link>
		<dc:creator>KC</dc:creator>
		<pubDate>Tue, 05 May 2009 00:02:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-651714</guid>
		<description>From my experience life insurance people will sell you the most expensive policy and advise you to insure yourself for more than is probably necessary.  We were constantly being steered towards a whole life policy (much more expensive than term life) because it would be a good investment in the future (uh-huh) and to insure ourselves for several million cause my husband is a doctor and I&#039;d want to continue my &quot;lavish&quot; lifestyle if something were to happen to him (I&#039;ve yet to start leading this lavish lifestyle, so whatever). So I ditched this advice and went and got a couple of term life policies over the internet w/o having to talk to a person.  We took out a million dollar policy on him and a quarter million on me.  Plenty of insurance and quite affordable.  Its a 20 year term and at the end of that we&#039;ll re-evaluate our needs, if we have any at all at that time.</description>
		<content:encoded><![CDATA[<p>From my experience life insurance people will sell you the most expensive policy and advise you to insure yourself for more than is probably necessary.  We were constantly being steered towards a whole life policy (much more expensive than term life) because it would be a good investment in the future (uh-huh) and to insure ourselves for several million cause my husband is a doctor and I&#8217;d want to continue my &#8220;lavish&#8221; lifestyle if something were to happen to him (I&#8217;ve yet to start leading this lavish lifestyle, so whatever). So I ditched this advice and went and got a couple of term life policies over the internet w/o having to talk to a person.  We took out a million dollar policy on him and a quarter million on me.  Plenty of insurance and quite affordable.  Its a 20 year term and at the end of that we&#8217;ll re-evaluate our needs, if we have any at all at that time.</p>
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	<item>
		<title>By: Angie</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-1/#comment-651682</link>
		<dc:creator>Angie</dc:creator>
		<pubDate>Mon, 04 May 2009 23:21:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-651682</guid>
		<description>I have my life &amp; health license but I do not sell life insurance. There is more than one purpose for insurance - living needs, estate, special needs, funeral expenses, charity, just to name a few. Unfortunately, pretty much anyone can call themselves a financial planner, so I would suggest someone who has credentials behind their name, or have someone referred to me, someone who is willing to sit down and listen to what I want. If you find a good agent they will be willing to do this, most likely run a few scenarios and let you decide what you want. 
Part of my work involves processing death claims. In over 5 years, I have never come across any beneficiary - whether they are a spouse, child, business partner, heir (nephew, neice, etc) - who said no thanks, I don&#039;t need the income. I have a job.</description>
		<content:encoded><![CDATA[<p>I have my life &amp; health license but I do not sell life insurance. There is more than one purpose for insurance &#8211; living needs, estate, special needs, funeral expenses, charity, just to name a few. Unfortunately, pretty much anyone can call themselves a financial planner, so I would suggest someone who has credentials behind their name, or have someone referred to me, someone who is willing to sit down and listen to what I want. If you find a good agent they will be willing to do this, most likely run a few scenarios and let you decide what you want.<br />
Part of my work involves processing death claims. In over 5 years, I have never come across any beneficiary &#8211; whether they are a spouse, child, business partner, heir (nephew, neice, etc) &#8211; who said no thanks, I don&#8217;t need the income. I have a job.</p>
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	<item>
		<title>By: George</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-1/#comment-651661</link>
		<dc:creator>George</dc:creator>
		<pubDate>Mon, 04 May 2009 23:07:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-651661</guid>
		<description>NYC reader - wouldn&#039;t proper health care insurance have been a better bet than the life insurance?</description>
		<content:encoded><![CDATA[<p>NYC reader &#8211; wouldn&#8217;t proper health care insurance have been a better bet than the life insurance?</p>
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	</item>
	<item>
		<title>By: Chris</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-1/#comment-651657</link>
		<dc:creator>Chris</dc:creator>
		<pubDate>Mon, 04 May 2009 23:05:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-651657</guid>
		<description>@Dave about tracking income/expenses:

While QuickBooks simple start is def cheaper than the full out Pro version, normally, often times you can get the Pro version for $100 if not less (watch for coupons at various sites) and lately Staples has been throwing in a nice bundle of extra free software which you might or might not use (can always flip it on craigslist or ebay) so don&#039;t rule out the higher end versions just because they seem cheaper at one time.

Really though, for a just starting small business you could probably get away with Excel or Open Office (if you can stand how sluggish it is) but IANAA</description>
		<content:encoded><![CDATA[<p>@Dave about tracking income/expenses:</p>
<p>While QuickBooks simple start is def cheaper than the full out Pro version, normally, often times you can get the Pro version for $100 if not less (watch for coupons at various sites) and lately Staples has been throwing in a nice bundle of extra free software which you might or might not use (can always flip it on craigslist or ebay) so don&#8217;t rule out the higher end versions just because they seem cheaper at one time.</p>
<p>Really though, for a just starting small business you could probably get away with Excel or Open Office (if you can stand how sluggish it is) but IANAA</p>
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	<item>
		<title>By: Brian</title>
		<link>http://www.thesimpledollar.com/2009/05/04/reader-mailbag-61/comment-page-1/#comment-651613</link>
		<dc:creator>Brian</dc:creator>
		<pubDate>Mon, 04 May 2009 22:29:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3513#comment-651613</guid>
		<description>If you want your files to be searchable, I would suggest Google Desktop ( http://desktop.google.com/ ).  It&#039;ll allow you to search through them on your computer just like google would if they were on the web.</description>
		<content:encoded><![CDATA[<p>If you want your files to be searchable, I would suggest Google Desktop ( <a href="http://desktop.google.com/" rel="nofollow">http://desktop.google.com/</a> ).  It&#8217;ll allow you to search through them on your computer just like google would if they were on the web.</p>
]]></content:encoded>
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